Industry News

Howard Chung.

BOULDER, Colo. (BRAIN) — For our September magazine edition, we asked our State of Retail panel members: What are your thoughts about click-and-collect, omnichannel sales, and brands that sell directly to consumers?

Tagged State of Retail / From the Magazine

COTATI, Calif. (BRAIN)  — Yuba Bicycles is relocating its headquarters from Cotati, California, which is in Sonoma County, to a new location in San Juan Capistrano, which is in Orange County.  The move is expected to be completed by the end of October.

WASHINGTON (BRAIN) — While Congress continues to debate the reconciliation bill that includes making e-bikes more affordable and bike commuting safer, two bicycle organizations are asking for the industry's help after the e-bike tax credit was cut in half Wednesday by the House Ways and Means Committee.

Tagged DEI and Sustainability / Electric bike
Claudia Wasko.

BOULDER, Colo. (BRAIN) — The third annual E-Bike Future Conference will be held Oct. 11-15 and feature 30-plus entrepreneurs and e-bike business representatives.

Tagged Retailer education / Electric bike / Events

CANTON, Mass. (BRAIN) — With e-bike demand increasing, Kryptonite has created an online and in-store retail display guide to help customers understand the importance of security with theft on the rise.

The former owners of Ross Bicycles agree to pay $1 million in restitution to the State of Oklahoma.

CENTRAL ISLIP, N.Y. (BRAIN) — Bike industry veterans Steven and Allen Goldmeier pleaded guilty Wednesday to hoarding surgical masks and selling them at "exorbitant" prices to the State of Oklahoma.

Stronger than expected international visits a positive surprise at Eurobike.

FRIEDRICHSHAFEN, Germany (BRAIN) — On Saturday, Eurobike wrapped up its final show here at the Messe Friedrichshafen, counting a total of 18,770 trade visitors and 13,424 consumers.

Tagged Coronavirus / Eurobike

BENTONVILLE, Ark. (BRAIN) — The Cycle of Influence Summit has been postponed until next year because of COVID-19 Delta variant concerns. New dates will be announced later this year.

Tagged Tradeshows and conferences
VanMoof co-founder Taco Carlier.

AMSTERDAM (BRAIN) — Dutch e-bike manufacturer VanMoof announced a $128 million Series C minority investment led by an Asia-based private equity firm.

Tagged Electric bike / Mergers, Acquisitions & Investments

MIAMISBURG, Ohio — Since 2019, VAAST Bikes has prioritized environmental responsibility, so it's no surprise that its first e-bike will be manufactured with emphasis on sustainably sourced materials and packaged without plastic.

Tagged Electric bike

AIGLE, Switzerland (BRAIN) — The Italian Professional Cyclists Association has announced that six female Afgan cyclists, along with a male athlete and some family members, arrived in Rome on Italian Air Force plane.

FRIEDRICHSHAFEN, Germany (BRAIN) — Eurobike will open Wednesday for the first time since 2019 after the COVID-19 pandemic forced the cancellation of last year's in-person event.

Tagged Eurobike

NEW YORK (BRAIN) — Peloton Interactive's fourth-quarter revenue grew 54% over last year's final quarter, to $937 million, as the company's fiscal year revenues topped $4 billion for the first time. 

Tagged Earnings/Financial Reports

KIRKLAND, Wash. (BRAIN) — Gerard Cycles is a road bike brand with a story.

The eight-year-old brand run out of Washington was founded by John Gerard Sheehan, an Irish-born ex-pro who can share stories about racing on the Continent and elsewhere with the likes of LeMond, Roche, and Kelly, back in the day.

MOUNT SHASTA, Calif. (BRAIN) — Organizers have canceled the Grinduro California gravel event for this year because of fire conditions in the National Forest where much of the event is held. The event had been scheduled for Sept. 18.

Tagged Events

LINCOLN, Neb. (BRAIN) — Factor Bikes and its parts and accessories subsidiary Black Inc. announced a round of funding from an investment group that includes professional cyclist Chris Froome. The amount of the investment was not disclosed.

Tagged Mergers, Acquisitions & Investments

PITTSBURGH (BRAIN) — Dick's Sporting Goods had another record earnings period, reporting net sales increased 20.7% year-over-year.

Tagged Earnings/Financial Reports

MONTEREY, Calif. (BRAIN) — The Sea Otter Classic will follow current local and state COVID-19 guidelines and not require masks during the open-air event.

Tagged Coronavirus / Sea Otter Classic

LOS ANGELES (BRAIN) — Two months after entering the bike-sharing market, micromobility company Bird is now moving into the consumer e-bike market.

Tagged Electric bike
Shannon Galpin has identified 350 Afghan women athletes who are immediate danger.

COLORADO SPRINGS, Colo. (BRAIN) — Hundreds of female athletes, including cyclists, are in fear for their lives in Afghanistan as the Taliban takes control of the nation.

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